RODM vs. ^GSPC
Compare and contrast key facts about Hartford Multifactor Developed Markets (ex-US) ETF (RODM) and S&P 500 (^GSPC).
RODM is a passively managed fund by The Hartford that tracks the performance of the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. It was launched on Feb 25, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RODM or ^GSPC.
Key characteristics
| RODM | ^GSPC | |
|---|---|---|
| YTD Return | 8.61% | 24.72% |
| 1Y Return | 16.89% | 32.12% |
| 3Y Return (Ann) | 2.47% | 8.33% |
| 5Y Return (Ann) | 4.01% | 13.81% |
| Sharpe Ratio | 1.51 | 2.66 |
| Sortino Ratio | 2.19 | 3.56 |
| Omega Ratio | 1.27 | 1.50 |
| Calmar Ratio | 1.44 | 3.81 |
| Martin Ratio | 9.08 | 17.03 |
| Ulcer Index | 1.81% | 1.90% |
| Daily Std Dev | 10.83% | 12.16% |
| Max Drawdown | -35.98% | -56.78% |
| Current Drawdown | -5.39% | -0.87% |
Correlation
The correlation between RODM and ^GSPC is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RODM vs. ^GSPC - Performance Comparison
In the year-to-date period, RODM achieves a 8.61% return, which is significantly lower than ^GSPC's 24.72% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
RODM vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor Developed Markets (ex-US) ETF (RODM) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
RODM vs. ^GSPC - Drawdown Comparison
The maximum RODM drawdown since its inception was -35.98%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for RODM and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
RODM vs. ^GSPC - Volatility Comparison
The current volatility for Hartford Multifactor Developed Markets (ex-US) ETF (RODM) is 3.23%, while S&P 500 (^GSPC) has a volatility of 3.81%. This indicates that RODM experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.